Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-021-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-11-20"^^xsd:date2
dcterms:Is Part Of	lp_eu:Towards a genuine Economic and Monetary Union (debate)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20121120.3.2-021-000"2
lpv:hasSubsequent	lp_eu:2012-11-20-Speech-2-022-0002
lpv:speaker	lp:Marisa Matias2
lpv:spokenAs	member; ITRE (2012-01-19--2014-06-30)3 substitute; Delegation for relations with South Africa (2009-09-16--2014-06-30)3 member_of_the_bureau; EUL/NGL (2012-01-23--2014-06-30)3 unknown; Bloco de Esquerda (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-09-16--2014-06-30)3 vice-chair; Delegation for relations with the Mashreq countries (2009-09-17--2014-06-30)3 substitute; ECON (2012-05-10--2014-06-30)3
lpv:translated text	"Mr President, ladies and gentlemen, in fact recent years have shown us that the Economic and Monetary Union has failed to withstand the crisis. They have also shown us that we had a European institutional architecture full of holes, in particular the institutional framework of the euro. That is why, when it comes to ambition, the report and the proposal presented here are a cut above the proposal presented by the governments. However, as the rapporteur said, we are faced with policy choices, so I should like to explain why we have some reservations and cannot support this report. The first concerns questions bound up with the conditions. We can see that we shall still have a scenario where there can only be solidarity between the various countries when we have achieved all aspects of the Stability and Growth Pact, the Intergovernmental Agreement, the Euro Plus Pact and a series of measures imposing nothing less than massive doses of austerity in peripheral areas and also a series of recessive measures that, as we have seen, are not working. A second reason has to do with the banking union. The rapporteur, quite rightly, sets out the banking supervision mechanism, but it is so necessary that we cannot escape the essential and it is the essential which is escaping here, insofar as we are continuing to put together a patchwork of national systems, which means that we are all together on banking policy, we are all together on banking supervision, but we are all divided when something goes wrong and, therefore, the taxpayers will continue to pay the price. And a third point has to do with the question of common debt and the issuing of Eurobonds. Here, once again, the possibility of debt issuance is being considered but only when it is already too late. We need common debt issuance now, not only once the excessive deficits and debts have been set right, since with the policies we are following they will never be put right; on the contrary, they will be ever more exacerbated to the despair of a whole series of communities. For this reason, Mr President, I should like to end by saying that, despite all the efforts, I think we have here a very clear example that united we could still stand, but divided we shall surely fall, which is why it was important to have gone even further."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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